Hi, I'm a real estate investor looking to build a team. I've tried searching on biggerpockets, REIA facebook groups, and still no success.
I've steadily grown my portfolio from 2 in 2013 to 13 units in 2017 (but sold 4 in the last 2 years). I recently started doing Airbnb and short-term rentals. I believe this is the new HOT area in real estate that maximizes cash flow and minimizes the headache of having bad long-term tenants, evictions, etc.
I'm looking for hungry but also available interns, workers, and eventual partners. But either the person is not hungry enough or is very good but already busy or successful.
BP podcasts always talks about two categories of people - people have money vs. people who have time/hustle. I need the 2nd type of person in Atlanta and in SF bay area.
Any suggestions on how to network to find hungry young interns who are ready to learn about real estate by DOING real estate related work?
Hey Joe, I feel like I'm in the same boat down in SoCal. Just trying to put a team of people together to exchange ideas and resources / assistance if appropriate. I can't help you out myself as I don't live in either of the areas you mentioned, but I did have a couple ideas:
1) Try and network with someone who teaches classes to get people to pass the real estate licensing test. Chances are they're both hungry and a licensed realtor, which I'd imagine would be a bonus unless you are yourself as well.
2) Maybe try like a Tony Robbins forum or something. I'd imagine people who recently attended a life improvement seminar would be all psyched up to jump into real estate with someone who knew what they were doing.
3) Are you planning on paying this person anything or cutting them into deals from the get go? You post makes it sound like maybe you aren't, and that could be keeping people away. For what it's worth, I'm 30 and I know a lot of people my age and younger have put their foot down about unpaid internships because of all the labor abuses. Just food for thought.
Your wins are inspiring; keep up the good work and best of luck finding your team!
Joe, you are not selling your needs right. It just sounds like you are looking for free labor. You need to tell your audience more of what is in for them.
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